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reaganomics

1981 was a low point for the U.S. economy. The recession was a rough chaser for stagflation but proved to be a perfect aperitif to numb the public for the launch of the Reganomics era. Needless to say as a 10 year old I knew nothing about supply side economics nor could I quite grasp why government money to public programs was a bad idea but allocating a couple trillion tax dollars to the policy of mutual assured destruction was essential.